Topbuild Corp Variance
| BLD Stock | | | USD 367.21 2.38 0.65% |
The Variance technical lookup provides context for Topbuild Corp and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Topbuild Corp has a market cap of 10.27 B, operating margin of 13.81%, ROE of 23.06%. Review
Trending Equities for broader portfolio context. This reflects a position in Topbuild Corp in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Our
How to Invest in Topbuild Corp guide provides practical guidance on trading Topbuild Stock.
Topbuild Corp has current Variance of 6.42. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 6.42 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Topbuild Corp Variance Peers Comparison
Topbuild Variance Relative To Other Indicators
Topbuild Corp holds the
#5 position for variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Variance ratio near
1.67 . The Maximum Drawdown to Variance ratio for Topbuild Corp comes in at
1.67 Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.